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Shell trading arm protests proposed program for Marketlink oil pipeline
Shell’s U.S. trading arm on Monday urged regulators to deny a new program proposed by TransCanada Corp for its Marketlink oil pipeline from Cushing, Oklahoma, to Gulf Coast markets, saying it violates sections of the Interstate Commerce Act (ICA):
Shell Trading (US) Company (STUSCO), a shipper on Marketlink, said the proposed “”flexible short-term program” is also inconsistent with the FERC-approved rate structure.
FERC’s rate structure provides that walk-up shippers pay a higher rate for the same type of flexibility being offered to the flexible short-term shippers, STUSCO said.
TransCanada in April filed for the program, effective June 1. Tre Madden Jersey
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